Property score
77.5
Good
Overall 77.5 · Larger but older than most nearby homes
1,628 sqft (top 24%) · Built in 1966 (6 yrs older than avg)
Located in a above-average income area with median household income of ~72k
Transit 92.0 · 3-min walk to transit with 9 nearby routes · Within 500m: 1 school, 1 park, 2 sports facilitys, and 1 place of worship nearby
Living Area
Above average
15% larger than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 53%Chinese · 15%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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77.5 is composed by the two sections below.
Property Score
Community Score
Fort Richmond
How to read: Share of sales in each ~$50k price band for “fort richmond” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111010
$72K
Median household income
$106K
Average household income
18%
Low income (LIM-AT)
0.4
Income inequality (Gini)
6.4
P90 / P10 ratio
34%
Single-person households
10%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
583 University Crescent — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 467 m), 1 parks (nearest 485 m).
Fort Richmond · WPS public data · 2026
Annual incidents
38
2026
vs. city avg
+29%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
55%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 21% | Top 31% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 583 University Crescent, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1966, presents a compelling opportunity centered on its generous lot and solid foundation. Its primary appeal lies in the exceptional 11,888 sqft property, which ranks within the top 5% of lot sizes in Fort Richmond. This offers rare potential for expansion, gardening, or outdoor living in a mature neighborhood. With 1,628 sqft of living space, the home is also notably larger than many comparable properties on its street and in the wider area.
The home suits buyers looking for a project or a long-term hold with room to grow. It’s ideal for a handy purchaser or someone planning a future renovation, as the basement is noted as unrenovated and there is no garage. The assessed value is modest relative to the substantial land holding, which may indicate room for value appreciation through updates. This isn't a move-in-ready showcase, but a property where the core assets—space and land—are already in place, waiting for personalization.
Frequently Asked Questions
1. What is the most standout feature of this property?
The lot size is the defining feature. At nearly 12,000 sqft, it is significantly larger than the average Winnipeg lot, offering exceptional outdoor space and future potential that is hard to find in established neighborhoods.
2. What should I budget for beyond the purchase price?
Prospective buyers should plan for updates, particularly to the basement. The listing notes it is unrenovated. You should also factor in the cost of adding parking or storage solutions, as the property has no garage.
3. How does the assessed value compare to recent sale prices?
The home last sold in August 2024 for between $395,000 and $425,000, which is close to its current $380,000 assessment. This suggests the market price aligns fairly closely with the city's valuation.
4. Is the living space efficiently laid out?
At 1,628 sqft, the home is spacious for its style and era. However, as a one-and-a-half storey design from the 1960s, the floor plan may feel compartmentalized compared to modern open-concept layouts. Viewing the home in person is essential to see if the space meets your needs.
5. What is the neighborhood like?
Located on University Crescent in Fort Richmond, the area is a mature, established community. The street-specific data shows the home's living area and lot size are above average for the immediate block, suggesting it is one of the larger properties on the street.
